v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Current Assets    
Cash and cash equivalents $ 37,040 $ 45,070
Accounts receivable (less allowance for doubtful accounts of $138 and $159 at June 30, 2021, and September 30, 2020, respectively) 20,893 11,243
Inventories 20,528 17,277
Income taxes receivable 1,057 1,362
Other current assets 1,894 1,617
Total current assets 81,412 76,569
Property, Plant and Equipment - Net 12,007 11,995
Right-of-Use Assets - Net 8,789 5,124
Intangible Assets - Net 883 609
Goodwill - Net 11,168 6,633
Deferred Income Taxes - Net 566 566
Other Assets 744 602
Total Assets 115,569 102,098
Current Liabilities    
Accounts payable 8,571 2,676
Accrued compensation and related taxes 2,427 2,066
Accrued warranty expense 485 380
Other accrued liabilities 1,825 751
Current maturities of long-term debt 392 380
Contract liabilities 1,870 1,224
Total current liabilities 15,570 7,477
Long-Term Debt 4,502 4,798
Long-Term Lease Liability 8,419 5,064
Income Taxes Payable 3,471 3,240
Other Long-Term Liabilities 67  
Total Liabilities 32,029 20,579
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock; 100,000,000 shares authorized; none issued
Common stock; $0.01 par value; 100,000,000 shares authorized; shares issued and outstanding: 14,252,978 and 14,063,172 at June 30, 2021 and September 30, 2020, respectively 143 141
Additional paid-in capital 125,858 124,435
Accumulated other comprehensive loss (892) (646)
Retained deficit (41,569) (42,411)
Total shareholders’ equity 83,540 81,519
Total Liabilities and Shareholders’ Equity $ 115,569 $ 102,098

Source